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Friday, 11 September 2020 17:18

Nonprofit SafetyNest™ Launches Program to Help Drivers Stay Insured During the Pandemic

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SafetyNest, a 501(c)(3) nonprofit organization created and funded exclusively by Branch Insurance, will be providing financial assistance to drivers who have suffered from reduced income or loss of work due to the pandemic.

SafetyNest and Branch Insurance share the belief that by helping more people become insured, insurance can be more affordable for all. It's with that belief that SafetyNest announces it intends to pay car insurance premiums, now through the end of 2020, up to $250 per approved application, to prevent the possible financial devastation that can result from being uninsured.

 

The program will help those who are facing financial hardship to stay insured and be better protected from life's uncertainties. Those affected can apply for financial assistance at safetynest.ourbranch.com if they have recently lost a job, are experiencing reduced income, or had their car insurance cancelled. If approved, SafetyNest will arrange for payment to cover or supplement their car insurance premium.

 

A study conducted by the Insurance Research Council found a strong correlation between the unemployment rate and the percent of uninsured drivers, so as unemployment numbers skyrocketed as a result of the pandemic, there is evidence to suggest that the number of uninsured drivers has also increased.

 

"With so many people being impacted by the COVID-19 shutdowns and loss of work, we knew that now was the right time for us to make an impact and help our community," said Charlie Wendland, president of SafetyNest. "No one should have to choose between feeding their family and running the extreme risk of being uninsured."


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